DECKERS OUTDOOR CORP
SC 13D, 1999-06-18
RUBBER & PLASTICS FOOTWEAR
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                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                 ---------------

                                  SCHEDULE 13D
                                 (Rule 13d-101)

             INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
           TO RULE 13d-1 (a) AND AMENDMENTS THERETO FILED PURSUANT TO
                                  RULE 13d-2(a)


                           DECKERS OUTDOOR CORPORATION
                           ---------------------------
                                (Name of Issuer)

                          Common Stock, $0.01 par value
                          -----------------------------
                         (Title of Class or Securities)

                                    243537107
                                 --------------
                                 (CUSIP Number)

                                  Mark Thatcher
                                  P.O. Box 968
                               Flagstaff, AZ 86002
                  ---------------------------------------------
                  (Name, Address and Telephone Number of Person
                Authorized to Receive Notices and Communications)

                                --With copy to--
                                   Terry Roman
                                 Snell & Wilmer
                               One Arizona Center
                                Phoenix, AZ 85004

                                  June 7, 1999
             (Date of Event Which Requires Filing of This Statement)

         If the filing person has  previously  filed a statement on Schedule 13G
to report the  acquisition  that is the  subject of this  Schedule  13D,  and is
filing this schedule because of Rule 13d-1(e),  13d-1(f) or 13d-1(g),  check the
following box [ ].

          NOTE.  Schedules filed in paper format shall include a signed original
     and five copies of the schedule,  including all exhibits. SEE Rule 13d-7(b)
     for other parties to whom copies are to be sent.

         The  remainder  of this cover page shall be filled out for a  reporting
person's  initial  filing on this  form with  respect  to the  subject  class of
securities,  and for any subsequent amendment containing information which would
alter disclosures provided in a prior cover page.

         The information  required on the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 or otherwise  subject to the  liabilities of that section of the Act
but  shall be  subject  to all other  provisions  of the Act  (however,  SEE the
NOTES).
<PAGE>
                                  SCHEDULE 13D
- -------------------                                            -----------------
CUSIP NO. 243537107                                            PAGE 2 OF 5 PAGES
- -------------------                                            -----------------

1   NAMES OF REPORTING PERSON
    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

    Mark Thatcher
    --------------------------------------------------------------------------
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                  (a) [ ]
                                                                       (b) [X]
    --------------------------------------------------------------------------
3   SEC USE ONLY

    --------------------------------------------------------------------------
4   SOURCE OF FUNDS*

    OO
    --------------------------------------------------------------------------
5   CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
    TO ITEMS 2(d) OR 2(e)                                                  [ ]

    --------------------------------------------------------------------------
6   CITZENSHIP OR PLACE OF ORGANIZATION

    Arizona, United States
    --------------------------------------------------------------------------
                  7  SOLE VOTING POWER
                     428,743
     NUMBER OF       ---------------------------------------------------------
      SHARES      8  SHARED VOTING POWER
    BENEFICIALLY
     OWNED BY        ---------------------------------------------------------
       EACH       9  SOLE DISPOSITIVE POWER
     REPORTING       428,743
      PERSON         ---------------------------------------------------------
       WITH      10  SHARED DISPOSITIVE POWER

                     ---------------------------------------------------------
11  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

    428,743
    --------------------------------------------------------------------------
12  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ]

    --------------------------------------------------------------------------
13  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

    5.0%
    --------------------------------------------------------------------------
14  TYPE OF REPORTING PERSON*

    IN
    --------------------------------------------------------------------------
<PAGE>
ITEM 1. SECURITY AND ISSUER.

        Title of Class of
        Equity Security:          Common Stock, $0.01 par value per share

        Name of Issuer:           Deckers Outdoor Corporation ("Deckers")

        Address of                495-A South Fairview Avenue
        Principal Office:         Goleta, California  93117

ITEM 2. IDENTITY AND BACKGROUND.

         If the  person  filing  this  statement  or any  person  enumerated  in
Instruction  C is a natural  person,  provide the  information  specified in (a)
through (f) of this item with respect to such person(s).

         (a)  Name: Mark Thatcher ("Mr. Thatcher")

         (b)  Residence or business address:

              P.O. Box 968
              Flagstaff, AZ  86002

         (c) Present principal  occupation or employment and the name, principal
business  and address of any  corporation  or other  organization  in which such
employment is conducted:

              Teva Sport Sandals, Inc.
              P.O. Box 968
              Flagstaff, AZ 86002

         (d) Whether or not,  during the last five  years,  such person has been
convicted in a criminal  proceeding  (excluding  traffic  violations  or similar
misdemeanors)  and,  if so,  give the  dates,  nature  of  conviction,  name and
location of court, any penalty imposed, or other disposition of the case: No

         (e) Whether or not, during the last five years, such person was a party
to a  civil  proceeding  of a  judicial  or  administrative  body  of  competent
jurisdiction and as a result of such proceeding was or is subject to a judgment,
decree  or final  order  enjoining  future  violations  of,  or  prohibiting  or
mandating activities subject to, Federal or State securities laws or finding any
violation  with respect to such laws;  and, if so,  identify  and describe  such
proceedings and summarize the terms of such judgment, decree or final order: No

         (f)  Citizenship: United States

                                        3
<PAGE>
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION.

         If the  securities  are acquired  other than by purchase,  describe the
method of acquisition.

         Mr. Thatcher  acquired  428,743 shares of Deckers Common Stock pursuant
to a License  Agreement  dated  June 7, 1999 by and  between  Mr.  Thatcher  and
Deckers. In exchange for the shares and other consideration, Deckers received an
exclusive license to the Teva trade name and other intellectual  property rights
owned by Mr. Thatcher.

ITEM 4. PURPOSE OF TRANSACTION.

         State the purpose or purposes of the  acquisition  of securities of the
issuer.

         Mr. Thatcher has  acquired  the  securities  of Deckers for  investment
purposes

ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.

         (a) Mr.  Thatcher is the direct  beneficial  owner of 428,743 shares of
Deckers Common Stock, representing 5.0% of Deckers Common Stock outstanding.

         (b) Mr.  Thatcher  has the sole power to vote or direct the vote of the
428,743 shares of Common Stock beneficially owned by Mr. Thatcher.  Mr. Thatcher
also has the sole power to dispose of or direct the  disposition  of the 428,743
shares he beneficially owns.

         (c) See Item 3.

ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO
        SECURITIES OF THE ISSUER.

        None

ITEM 7. MATERIAL TO BE FILED AS EXHIBITS.

        None

                                        4
<PAGE>
                                    SIGNATURE

         After reasonable  inquiry and to the best of my knowledge and belief, I
certify that the information  set forth in this statement is true,  complete and
correct.


                                         June 15, 1999
                                         ----------------------------------
                                                      (Date)

                                         /s/ Mark Thatcher
                                         ----------------------------------
                                                    (Signature)

                                         Mark Thatcher
                                         ----------------------------------
                                                    (Name/Title)

         The original  statement  shall be signed by each person on whose behalf
the  statement is filed or his  authorized  representative.  If the statement is
signed on behalf of a person by his  authorized  representative  (other  than an
executive  officer or general  partner of the filing  person),  evidence  of the
representative's  authority to sign on behalf of such person shall be filed with
the  statement,  PROVIDED,  HOWEVER,  that a power of attorney  for this purpose
which is already on file with the Commission may be  incorporated  by reference.
The name of any title of each person who signs the  statement  shall be typed or
printed beneath his signature.

         ATTENTION:  Intentional  misstatements  or omissions of fact constitute
federal criminal violations (SEE 18 U.S.C. 1001).

                                        5


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